In a move to avoid escalating trade tensions, U.S. President Donald Trump announced a 30-day postponement of tariffs on Canadian imports, providing an opportunity for further negotiations between the two countries.

This announcement came after telephone talks between Trump and Canadian Prime Minister Justin Trudeau, where they agreed to use the postponement period to reach a permanent resolution to the existing trade disputes.

In the wake of this postponement, the province of Quebec announced the suspension of retaliatory measures it had intended to take against the United States, expressing hope that this step would lead to a long-term resolution of trade tensions.

Despite these positive developments, there remains uncertainty about the future of trade relations between Canada and the United States. Experts urge caution and close monitoring of developments, as circumstances can change rapidly based on the outcomes of ongoing negotiations.

It is worth noting that this is not the first time trade tensions have escalated between the two countries. Earlier, Canada imposed tariffs on $155 billion worth of American goods in response to tariffs imposed by the U.S. president. Recently, there have also been boycott campaigns in Canada against American goods, expressing discontent with U.S. trade policies.

As the postponement period continues, officials in both countries hope that negotiations will lead to an agreement that ensures stable trade relations and prevents both sides from entering into a trade war that could have negative repercussions on both economies.